Pet Care Industry News

PET CARE INDUSTRY UPDATE: MAY 2025

The global pet care industry continues to show strong growth in early May 2025, building on trends identified in JD's 2025 Pet Industry Consumption Trends Report released just three days ago. This comprehensive report highlights how pets are increasingly viewed as family members, with nearly 60% of owners including their pets in long-term life planning[5].

Recent data from Global Pet Expo 2025, held last month, revealed a significant shift toward cause-based pet food and treat brands[2]. This aligns with the ongoing humanization trend, where 97% of U.S. pet owners consider their pets as family members...

The pet care industry has seen notable shifts and developments over the past 48 hours as consumer behavior and market priorities continue to evolve. The mobile pet care market is standing out as a key growth segment. As of April 2025, it was valued at 722.7 million dollars and is projected to double by 2034, reaching about 1.4 billion dollars. Driving this growth are rising pet ownership numbers, increased spending on pet wellness, and a strong consumer preference for convenient, at-home services. Eco-friendly and sustainable product preferences are also fueling expansion, as pet parents seek safer and greener options for their animals. The grooming segment...

Over the past week, the pet care industry has shown significant growth and shifts in consumer behavior. The mobile pet care market, for instance, is projected to double by 2034, reaching a valuation of $1.4 billion. This growth is driven by the rising number of pet owners and increasing expenditure on pet wellness, as well as the demand for convenient and customized healthcare services at home[1]. In 2024, the grooming segment alone recorded $368.9 million, highlighting the importance of pet hygiene and the convenience of at-home grooming services[1].

In terms of consumer behavior, pets are increasingly being viewed as family members rather...

The global pet care industry is experiencing notable transformation over the past 48 hours, driven by a wave of mergers, product innovations, and evolving consumer priorities. Recent market activity is marked by several high-profile acquisitions including General Mills finalizing its purchase of Edgard and Cooper, a European premium pet food brand with over $100 million in 2023 sales across thirteen markets. The Nutriment Company has also expanded by acquiring Totally Natural Pet Products, a Scottish manufacturer, to strengthen its position in Central Europe. In Finland, Alvar Pet acquired online pet health store Kivuton, backed by new strategic partner Juuri Partners. Analysts expect mergers...

Pet Care Industry: Current State Analysis (April 2025)

The pet care industry continues to show strong momentum in April 2025, building on trends identified in the American Pet Products Association's recently released 2025 State of the Industry Report, which provides comprehensive analysis of industry expenditures, ownership trends, and consumer habits[1].

Market activity has been particularly notable in mergers and acquisitions, with industry experts predicting a surge in deals throughout 2025 due to improved market conditions and more high-quality businesses becoming available for sale[2]. This prediction is already materializing as several significant acquisitions have been completed in recent weeks.

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The pet care industry has experienced notable shifts in the past 48 hours, marked by steady growth but tempered by new challenges and regulatory changes. Market data released in the last day shows the global pet care market is now valued at 261 billion dollars and is projected to grow at a 7 percent annual rate through 2030. This is slightly lower than prior forecasts but still outpaces most other retail sectors, reflecting the continued demand for pet care products and services.

Recent deals highlight a trend toward consolidation and innovation. Premium Petfood Brands announced the acquisition of Yarrah, a Dutch organic...

The pet care industry has seen significant developments in the past 48 hours, reflecting both ongoing growth and notable challenges. According to the American Pet Products Association, U.S. pet product sales are projected to reach 150.6 billion dollars in 2024, marking a steady 2 percent increase from 2023. This growth is fueled by a persistent demand for premium pet foods, veterinary services, and wellness products. However, inflation continues to pressure consumers: nearly 90 percent of pet owners now say rising costs are affecting their pet care budgets, and 37 percent have taken on debt for pet-related expenses, particularly for veterinary emergencies. Price increases have varied by...

The global pet care industry is demonstrating remarkable resilience and innovation in mid-April 2025, with several pivotal developments in the past 48 hours. U S pet industry sales climbed to 147 billion dollars in 2024, a five percent increase year over year, and are projected to reach 157 billion dollars in 2025. This growth is spurred by a record 94 million U S households owning at least one pet and a continued shift toward premium, health-focused, and sustainable products. Globally, the market is expected to hit 261 billion dollars by 2030, with a seven percent annual growth rate, slightly moderated from prior expectations but still outpacing broader retail sectors[1][7][4].<...

The pet care industry remains resilient and dynamic, highlighted by significant developments over the past 48 hours. Notably, consumer behavior, market innovation, and strategic business activities are shaping the industry's trajectory amid rising global pet ownership and increased spending on pet health and wellness.

Recent data shows the global pet food market is expected to grow from $113.02 billion in 2025 to $167.97 billion by 2034, with a CAGR of 4.50%. North America remains the dominant market, accounting for 43% of the market share in 2024, while Europe is experiencing accelerated growth. The demand for premium, organic pet foods, and functional ingredients continues to surge as...

The pet care industry is currently experiencing dynamic changes, with significant movements in technology, sustainability, and consumer behavior. Recent developments indicate a robust growth trajectory despite challenges like inflation and shifting consumer priorities.

A notable event this week was the victory of VEA, a veterinary technology company, in the 2025 Purina Pet Care Innovation Prize. VEA's AI-driven platform improves veterinary documentation, diagnostics, and workflow, underscoring the industry's increasing reliance on technology to enhance service quality and efficiency. Simultaneously, the Pet Summit 2025, held in Orlando, emphasized actionable sustainability practices, such as adopting renewable energy, reducing food waste, and promoting eco-friendly...